34, MAIN ROAD, ASFORDBY VALLEY, MELTON MOWBRAY, LE14 3SW - £105,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

34 MAIN ROAD is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £105,000 in March 2014, which was around 55% below the average March 2014 detached price in the Melton local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

34 MAIN ROAD Sold Prices

Land registry data shows three sales for 34 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 34 MAIN ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 19 MAR	£105,000	£234,801	55% below HPI
1996 24 MAY	£45,950	£79,142	42% below HPI
1995 26 JUN	£23,000	£79,980	71% below HPI

34 MAIN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 34 MAIN ROAD sales between June 1995 and March 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1996 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2014 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 34 MAIN ROAD?

34 MAIN ROAD is 66m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses by size in Asfordby, and where 34 MAIN ROAD lies on this distribution: 8% of detached houses are smaller than 34 MAIN ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

34 MAIN ROAD: Plot and Title Map

34 MAIN ROAD sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 34 MAIN ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 34 MAIN ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 34 MAIN ROAD?

34 MAIN ROAD is located in ASFORDBY VALLEY, in the LE14 postcode district. The below map shows the position of No. 34 on MAIN ROAD.